Amphenol Corp reports results for the quarter ended September 30 - Earnings Summary

• Amphenol Corp APH.N reported quarterly adjusted earnings of 80 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 70 cents to 77 cents per share.

• Revenue rose 65.1% to $10.23 billion from a year ago; analysts expected $9.46 billion.

• Amphenol Corp's reported EPS for the quarter was 79 cents​.

• The company reported quarterly net income of $2.03 billion.

• Amphenol Corp shares had fallen by 7.2% this quarter and gained 15.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

• Wall Street's median 12-month price target for Amphenol Corp is $104.00, about 24.8% above its last closing price of $78.21

This summary was machine generated from LSEG data October 28 at 03:07 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)